.png)
Monness analyst Brian White maintained a Hold rating on Splunk (SPLK – Research Report) today. The company’s shares closed last Wednesday at $125.07, close to its 52-week low of $110.28.
According to TipRanks.com, White is a top 100 analyst with an average return of 28.2% and a 79.3% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Alphabet Class A, and Meta Platforms.
Currently, the analyst consensus on Splunk is a Moderate Buy with an average price target of $188.38, representing a 52.9% upside. In a report issued on November 15, Mizuho Securities also assigned a Hold rating to the stock with a $165.00 price target.
See today’s best-performing stocks on TipRanks >>
Splunk’s market cap is currently $20.2B and has a P/E ratio of -17.00. The company has a Price to Book ratio of -43.94.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Splunk Inc.engages in developing and marketing software solutions that enable enterprises to gain real-time operational intelligence by harnessing the value of their data. Its offerings enable users to monitor, investigate, analyze and act on data, irrespective of format or source, thereby helping them in operational decision making.
Read More on SPLK: